In the last few years, the Indian market has witnessed an explosive growth.
India’s population has grown by a staggering 10 million, and the country is on track to surpass China as the world’s second largest economy by 2020.
With an average of about 5 million online active users per month, the country’s online marketing industry is currently growing at an impressive pace.
In the coming months, we will see the launch of a slew of new and improved online marketing services for the Indian consumer.
But, the main question mark is whether this will lead to an improvement in overall quality of online marketing and its impact on the Indian economy.
While the online marketing sector in India has been growing at a rapid pace, a large portion of the growth in the sector has been attributed to the rise in the number of consumers.
According to a recent survey by PwC, the number one cause of online advertising spending in India was the demand for advertising, followed by “brand awareness” and “brand recommendations.”
While India has seen an explosion in online advertising revenue, a new report by Nielsen India indicates that India’s online advertising industry is only one of the fastest growing industries in the world.
In India, online marketing companies have taken on a new position in the Indian marketplace.
In India, the companies that are the most popular are the ones that are leading in the online advertising space.
The main driver of growth in online marketing is the increase in the average consumer spending.
In 2017, Nielsen India surveyed 1,000 consumers about their spending habits, and its results indicated that the biggest driver of online spending was “brand recognition.”
The second largest driver was “Brand recommendations,” which accounts for 12% of the total.
The third largest was “Online recommendations,” with 4% of total spending.
When the average user spends on average between $15 and $35 per month on online advertising, that is about $20 billion of consumer spending every month.
According to Nielsen India, India is the fastest-growing market for online advertising in the country.
The industry’s growth is expected to increase significantly in the next few years.
While India is still in the infancy of its online marketing ecosystem, the growth of the online marketers in the nation is expected be significant.
According the Nielsen survey, online marketers accounted for 32% of India’s total spending in 2017.
However, this number will likely increase by about 50% by 2020, as India’s consumer base is expected grow by a whopping 90 million people.
According a report by I Know First, the value of the Indian internet advertising market is estimated to be worth about $11.7 billion.
India will be one of India to witness the biggest growth in total online advertising market by 2020 as it will witness the increase of about 3 billion users and the creation of about 50,000 new brands.